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Environment & Energy

In reply to the discussion: Rooftop PV [View all]

wtmusic

(39,166 posts)
7. Re: Germany I don't know about peak rates but in general:
Mon Jun 24, 2013, 11:50 PM
Jun 2013

“The fact that German electricity prices are among the highest in Europe, must serve as a warning signal,” said the IEA. “The transition to low-carbon energy requires public acceptance, and therefore retail electricity prices to remain at an affordable level.”

Germany’s so called “Energiewende” aims to raise the share of electricity from renewables to 50pc by 2030 and 80pc by the midcentury, a huge challenge for a country with an energy-hungry industrial base.

Environment minister Peter Altmaier says costs could reach €1 trillion by 2039, though this could be trimmed to €700bn by slashing feed-in tariffs. The vast sums have begun to alarm German taxpayers while industry fears that heavy reliance on wind power in the North Sea could prove exorbitant and risk an energy crunch. "

http://www.telegraph.co.uk/finance/newsbysector/energy/10079798/IEA-warns-Germany-on-soaring-green-dream-costs.html

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